Analysis
Economic Security
Magyar Unlocks Billions Ahead of Reforms. How Will He Deliver?
2 June 2026
4 June 2026
As the EU confronts the scale of its growing dependency on China, indecisiveness is still in the room. Poland and Hungary are interesting case studies for how to move forward.
There is a great deal of movement on the global chessboard of economic security. Much of the media spotlight has fallen on the Trump administration’s 2025 initiatives – the so-called Independence Day measures and the doctrine of energy domination. Yet these have obscured a more consequential development – the relentless advance of Chinese manufacturing overcapacity, which is delivering tangible, and often staggering, results across Europe. European strategic industries are steadily ceding ground to a competitor that is also a systemic rival.
Editor’s note: